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It’s a holiday-shortened week here at the Fintech Rundown. But rest assured that we’ll have you covered on the the top fintech news headlines as 2024 moves toward a close.
We’re starting off with a series of stories in the embedded finance front, including an acquisition, a new launch, and a major fundraising.
Digital banking
Data-driven statement provider HC3 forges strategic partnership with digital banking solutions company Apiture.
TBC Uzbekistan raises $37 million from majority shareholder TBC Bank Group.
Payments
Visa completes its acquisition of Featurespace.
Turkey-based private bank İşbank expands its collaboration with Alipay+.
Cybersecurity
Chainalysis acquires web3 security solutions provider Hexagate.
Embedded finance
Fiserv boosts its embedded finance capabilities with its acquisition of earned wage access company Payfare.
Embedded SME lending platform CredibleX raises $55 million in seed funding.
Kobble, an embedded finance platform, launches in Australia.
Wealth management
Scalable Capital launches its World ETF, the Scalable MSCI AC World Xtrackers UCITS ETF.
Financial wellness
SoFi reaches ten million member milestone.
Photo by Daniel Reche
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